For many young people, owning a home continues to be a major life goal. While buying a home is of course a big emotional decision, it is also a serious financial choice and can seem like a maze of pros and cons. Will it be worth it in the long run? Should you buy now or wait? What are your options to make it a sound financial decision?
&w=1920&q=75)
The financial crisis of 2008 was a game-changer. Many countries had to reassess their mortgage approval processes. With these changes came a new attitude to property investments and, in particular, how they’re financed. This has led to a resurgence of alternative financing options as people increasingly seek out creative financing ideas. As a result, creative financing real estate is no longer a synonym for creative accounting; it’s a smart way to access the best property deals.
Whether you want to take on a new challenge, like the idea of living in a home exactly tailored to you, or are simply having trouble finding something you love in your area, your thoughts may have turned to construction. Building your own home is a way to ensure you can move into your ideal place. However, it does come with a whole different kind of financing – the home construction loan.
The student housing market is heating up in german university towns, with investors racing to finance new purpose-built developments. If you’re interested in a high-yield student accommodation investment, here are a few considerations.
When it comes to buying a house, some prefer period charm and eclectic detailing, while others seek out efficient appliances and that pristine, move-in condition. We've mapped out the advantages and potential investment concerns of both. Here’s what to look out for when navigating the 'old house, new house' debate.
&w=1920&q=75)
Good reasons for having a second home in Bella Italia or lively Spain. The warm climate, only a few days of rain each year, and fresh Mediterranean air right on your doorstep! All of this is possible in Spain and Italy. Characterised by millennia-old culture, impulsive cities and internationally renowned cuisine, these two countries are ideal if you are looking for a holiday home abroad. In this article, you can find out which regions are most popular and where to invest in a second home. You will also learn about the regulations and requirements that apply when buying property in Spain or Italy.
Not all apartments are the same: If you are planning to move and buy a property, you should familiarize yourself with the different types of apartments and their characteristic features by now at the latest. A spacious apartment, a loft in a former factory where artists run their studios, a penthouse apartment in the heart of a trendy metropolis or would you prefer a 3-room apartment by a park? The choice could be easier. Your real estate agent Engel & Völkers Germany presents the different types of apartments to make your purchase decision easier.
Real estate has always been a significant avenue to building wealth. Investing in either residential or commercial property can yield stable cash flow,potential for growing your capital, and diversification, all of which are attractive to large portfolios. In addition, directly investing in real estate gives greater control of the risk profile, ownership structure, and business model. Furthermore, a property is something you can touch and experience, meaning that it is often a more emotional pursuit than stocks or bonds.
&w=1920&q=75)
A holiday home on the Baltic Sea or a weekend retreat in the countryside for own use are generally to be regarded as second residences. If, on the other hand, the holiday home is used exclusively for rental purposes, it is definitely not a second residence. In fact, an investment in holiday property can become a commercial property when certain income limits are reached. In both cases, the question of whether this constitutes a second residence is easy to answer. The situation is different if the property owners use their holiday home for themselves on weekends or during holidays and rent it out during the rest of the year.
Contact
Engel & Völkers Germany
Vancouverstraße 2a
20457 Hamburg, Germany
Tel: +49 40 361310